Reliance Net Income from 2010 to 2024

RELIW Stock  USD 0.03  0.02  35.90%   
Reliance Global Net Loss yearly trend continues to be fairly stable with very little volatility. Net Loss is likely to outpace its year average in 2024. During the period from 2010 to 2024, Reliance Global Net Loss regression line of quarterly data had mean square error of 217.2 T and geometric mean of  1,893,691. View All Fundamentals
 
Net Loss  
First Reported
2012-12-31
Previous Quarter
-1.5 M
Current Value
-837.3 K
Quarterly Volatility
6.2 M
 
Yuan Drop
 
Covid
Check Reliance Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 1.6 M or Selling General Administrative of 2.7 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.22 or PTB Ratio of 3.42. Reliance financial statements analysis is a perfect complement when working with Reliance Global Valuation or Volatility modules.
  
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Latest Reliance Global's Net Income Growth Pattern

Below is the plot of the Net Income of Reliance Global Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Reliance Global Group financial statement analysis. It represents the amount of money remaining after all of Reliance Global Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Reliance Global's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (12.01 M)10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

Reliance Net Income Regression Statistics

Arithmetic Mean(2,738,405)
Geometric Mean1,893,691
Coefficient Of Variation(525.11)
Mean Deviation7,355,266
Median(833,546)
Standard Deviation14,379,641
Sample Variance206.8T
Range73.4M
R-Value(0.16)
Mean Square Error217.2T
R-Squared0.02
Significance0.58
Slope(502,726)
Total Sum of Squares2894.8T

Reliance Net Income History

2024-11.4 M
2023-12 M
202234.6 M
2021-38.8 M
2020-3.2 M
2019-3.5 M
2018-1.1 M

Other Fundumenentals of Reliance Global Group

Reliance Global Net Income component correlations

About Reliance Global Financial Statements

Reliance Global investors use historical fundamental indicators, such as Reliance Global's Net Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Reliance Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-12 M-11.4 M
Net Loss-21 M-20 M
Net Loss-3.3 M-3.5 M
Net Loss(4.26)(4.05)
Net Income Per E B T 1.20  1.41 

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Additional Tools for Reliance Stock Analysis

When running Reliance Global's price analysis, check to measure Reliance Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Global is operating at the current time. Most of Reliance Global's value examination focuses on studying past and present price action to predict the probability of Reliance Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Global's price. Additionally, you may evaluate how the addition of Reliance Global to your portfolios can decrease your overall portfolio volatility.